Author: OurCrowd

[Insightec in Globes] MRI guided ultrasound co Insightec raising $100-150m

Israeli MRI guided ultrasound company Insightec has announced the signing of definitive agreements for a Series F investment round of up to $150 million at a post-money valuation of $1.3 billion. Koch Disruptive Technologies (KDT), a subsidiary of Koch Industries is leading the round and has committed to invest $100 million at an initial closing to follow shareholder approval. Read more...

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[Lemonade in Forbes] The Power Of Purpose: How Lemonade Is Disrupting Insurance With Goodness (And A New Foundation)

Lemonade, a for-profit Benefit Corporation, is an insurance company powered by a unique combination of artificial intelligence and behavioral economics to disrupt the centuries-old insurance industry. It offers homeowners and renters insurance in the U.S., and gives underwriting profits to nonprofits selected by its community during its annual Giveback. Read...

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